Manitoba gets a $337 million boost in equalization payments, aiding in balancing its budget.

Manitoba will receive an additional $337 million in equalization payments next year, totaling over $4.6 billion, which is a 7.7% increase from this year. Equalization payments help poorer provinces provide similar services to wealthier ones. Manitoba Finance Minister Adrien Sala aims to balance the budget by 2027 and equalization payments make up over 15% of the province's revenue.

3 months ago
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